Managing Risk & Uncovering Opportunity: British American Tobacco

Research Notes For 19 to 24 May > https://www.unum.capital/post/r1924may

Trade Local & Global Financial Markets with Unum Capital.

To get started, email tradingdesk@unum.co.za

The motivation behind the Tactical Trading Guide (price action model) was to systematically uncover opportunities and assess reward-to-risk, saving time in the process!

As the saying goes: "Necessity is the mother of invention".

In essence, the model is the analyst's thought process, on paper.

Here, clients have access to a process that has help to guide traders in order to generate cash and which has helped to manage risk.

Note: All Readings Are Time-Stamped

BRITISH AMERICAN TOBACCO is one of those names where the model helped clients manage risk and uncover opportunity:

Manage Risk: "Strong upside move but momentum slowing with sellers becoming active".

The subsequent move was a multi-day share price decline:

Uncover Opportunity: "...expect a small rebound".

The subsequent move was a two-day rebound:

---

Technology + Proprietary Insights has helped to develop automated tools and strategies that are used to identify potential trading opportunities as well as highlight potentially significant technical developments across various time frames. This page highlights readings from the analyst's Tactical Trading Guide (Price Action Tool). The tool provides automated price analysis of over 90 JSE-listed equities across 17 sectors and across 3 time frames: short (short term), medium (medium term) and long (long term). Readings are subject to change, based on the development of the subsequent price action.

Lester Davids

Senior Investment Analyst: Unum Capital